QUESTION 18 Franklin, Inc. has two divisions, Seward and Charles. Following is the income statement for the previous year: Seward Charles Sales $600,000 $400,000 Variable Costs 195.000 250.000 Contribution Margin $405,000 $150,000 Fixed Costs 175.000 170,000 Net Operating Income $230,000 ($20,000) of the total fixed costs, $300,000 are common fixed costs that are allocated equally between the divisions. What would Franklin's net operating income be if Charles were dropped? $60,000 R$80,000 $100,000 $230,000